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The Ninh Thuan People’s Committee has approved Hoa Sen Group, one of Vietnam’s leading steel producers and traders, to carry out surveys and study plans to construct the infrastructure of Ca Na industrial park (IP) and the related steel manufacturing and seaport complex in Thuan Nam district.
The Government has issued Decree No 73/2016/NĐ-CP on July 1, 2016 detailing the implementation of the Law on Insurance Business. The Decree regulates the establishment and operation of life insurance, non-life insurance, health insurance, reinsurance enterprises and foreign insurer branches.
The upcoming State visits to Brunei and Singapore by President Tran Dai Quang aim to realise the foreign policy set forth by the 12th Party Congress and deepen relations with the two ASEAN member countries.
Another 32 cities and provinces nationwide have committed to creating optimal conditions for businesses, raising the total number of localities to more than 40.
Actual foreign direct investment (FDI) inflows into Vietnam reached an estimated $9.8 billion in the first eight months of this year, up 8.9 percent from a year ago, the Planning and Investment Ministry said.
PM Nguyen Xuan Phuc on August 23 hosted a reception for a working group of the Japan Business Federation (Keidanren)’s Japan-Viet Nam Economic Committee, led by co-Presidents of the Committee Takahashi Kyohei and Nakamura Kuniharu.
The northern port city of Hai Phong is expected to become the international gate of the north for an estimated 109-114 million tonnes of goods in and out and about 25,800 foreign tourists by 2020.
A South Korean cosmetic shop in HCM City. Vietnamese cosmetic producers cannot catch up with major foreign players in terms of technology, and the local firms are losing market share.
Ambitious Vietnamese companies are overcoming challenges to bring their products to the global market
The Ho Chi Minh City government has turned down proposed changes to the zoning plan for a section in Thu Thiem New Urban Area even though the changes would pave the way for a US$4-billion project to go up there.
PetroVietnam Fertiliser and Chemicals Corporation (PVFCCo) will co-operate with Japanese partners to develop an ammonia (NH3) plant to meet the increasing demand of fertiliser, rubber as well as domestic petrochemical manufacturers.
Trade revenues between Vietnam and the Eurasian Economic Union (EAEU) are expected to increase to 10-12 billion USD by 2020, after a free trade agreement between the two sides takes effect in 2016.